Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Professor James Moriarty on May 17, 2013, 12:44:06 PM



Title: Mining only namecoins
Post by: Professor James Moriarty on May 17, 2013, 12:44:06 PM

 Is it possible? Or do I have to mine bitcoin and get namecoin with it ?


Title: Re: Mining only namecoins
Post by: tom_o on May 17, 2013, 12:55:58 PM

 Is it possible? Or do I have to mine bitcoin and get namecoin with it ?

Doesn't seem much point when you can merge mine and get both at the same rate as if you were only doing one.


Title: Re: Mining only namecoins
Post by: Professor James Moriarty on May 17, 2013, 01:03:32 PM

 I mean if I only mine namecoin can I mine more? I have some saved up but not enough to withdraw from btc-e


Title: Re: Mining only namecoins
Post by: MrWizard on May 17, 2013, 01:04:57 PM

 I mean if I only mine namecoin can I mine more? I have some saved up but not enough to withdraw from btc-e
You won't mine them any faster if you only solo mine NM.  Merge mine them.


Title: Re: Mining only namecoins
Post by: virtualmaster on May 17, 2013, 01:28:21 PM

 Is it possible? Or do I have to mine bitcoin and get namecoin with it ?
It is possible but not profitable because namecoin has the highest hashrate/market volume.
Only merged mining with bitcoin is profitable and doesn't require additional work. If you mine only namecoins you will not mine more than by a merged mining.


Title: Re: Mining only namecoins
Post by: FuzzyBear on May 17, 2013, 01:29:33 PM
just MM on bitparking


Title: Re: Mining only namecoins
Post by: twobits on May 17, 2013, 03:31:51 PM

 I mean if I only mine namecoin can I mine more? I have some saved up but not enough to withdraw from btc-e

It is possible.  You won't get more for doing it... well maybe some infinitesimal amount by less longpolls and whatever the stratum equivalent is for restarting when a block is found.   So no real point to it.


Title: Re: Mining only namecoins
Post by: Adamlm on May 17, 2013, 03:36:44 PM
Merged mining is the best idea IMO: http://mmpool.bitparking.com/pool - mine BTC, DVC, IXC and NMC at the same time.